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20121201
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, south america as well. so stand by. stay with us for complete coverage. senator john mccain told me just a little while ago even if a fiscal cliff deal is done, the battle between the white house and congressional republicans is far from over. >> i think there's going to be a whole new field of battle when the debt ceiling rolls around. >> all right. let's dig a little bit deeper with ryan lizza. he's washington correspondent for the new yorker magazine. also ali velshi our chief correspondent is joining us. deal or no deal? >> looks like from what dana is reporting, that a deal is in sight. republicans are saying they're going to have a vote tonight. looks like a deal is done. >> with the senate. >> we don't know what the house will do. and the last time john boehner tried to put something on the floor, his caucus rebelled. he'd have to let the house vote its will. >> but you agree if the president of the united states supports it, most of the house democrats will support it. so you don't need a majority of the republicans, you need a few republicans to get to that magic number of 218.
? i will talk about the bricks in a minute. i am talking about south america, eastern europe, parts of asia. why do i love this story? it is basic macroeconomics. the key ingredients that drive growth. we know the story of debt, deficit, fiscal cliff. we know that the story of the aging population and financing, if you look at the statistics are round or they measure the performance in mathematics, science, and reading, you can see where the problem is. today, they were in the number 27, 28, and so on. productivity generally is the x factor that accommodates for 60% of why one country grows and another does not. generally, it includes things like political dynamic, so we know what is happening there. that is not my prediction. look at this framework, capital, labor, productivity. you will see why i am incredibly bullish. in terms of capital, these economies by a large did not have the debt burden that other countries are facing right now. why is that important? these countries are not suffering from a deal leveraging problem. 60%-70% is under the age of 25. in you got there, over 50
complaints about south korea and america's naval exercises, or the sailor that was detained by japan and taken into custody for a while. do you think that this is essentially china's wise to test the solvency and strength and direction of u.s. japan relations? if you do think it is that, the more provocative question again coming to your own nation strategy because japan is origination but it's an aging nation, it's a shrinking nation. when you look at and one wonders wonders what is japan's strategy in the region with allies and how to keep are so vital and robust when china may be saying when you look at long lines, japan will become less significant over time. we will become more significant over time. if i can add one last element. when president obama's national strategy to -- strategic policy was released, there's one thing we read who said america is undergoing a period of strategic contraction. he may be wrong. i loved her the counter position to that, but they're all of these assessments that this is the time for china to push these boundaries out. and so, what do you take i
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